The AUD/USD pair fell during the session on Wednesday due to the FMOC announcing its bond buyback purchase program being shrank slightly. The Australian dollar continues to show weakness overall, and the fact that we broke down...
On its 1-hour time frame, GBP/USD is trending lower, after forming a double top reversal pattern on its 4-hour chart earlier this week. The pair has since broken below the neckline around 1.6350, confirming the potential selloff....
The USD/JPY pair fell during the session on Monday, testing the 102.50 level. This level has been supportive in the past, so we would not be surprised to see a little bit of a bounce from this...
The USD/CAD pair initially fell during the session on Tuesday, but as you can see bounced enough to break the 1.06 handle yet again, and form a bit of a hammer for the second day in a...
The GBP/USD pair did very little during the session in the end after going back and forth wildly on Tuesday. The candle is slightly negative, but not enough to get too excited about, and we have to...
The EUR/USD pair initially fell on Tuesday, but bounce informed the nice-looking hammer above the 1.3750 level. Because of this, we believe that this market is going to continue higher, but recognize the fact that the FMOC...
The AUD/USD pair fell during the session on Tuesday, but found enough support at the 0.89 handle in order to cause a little bit of a bounce towards the end of the session. Nonetheless, we see quite...
AUD/USD is testing a key support level at the moment, as the .8950 level is in line with the pair’s lows for the year. Stochastic is pointing up, indicating a potential bounce but fundamental factors are hinting...
The USD/JPY pair pulled back on Monday, but found enough support to pop back above the 103 level and form a nice-looking hammer. This hammer suggests that we are going higher, which is what we believe in...
The USD/CAD pair fell during the session on Monday, but as you can see bounced enough to form a hammer that closed just underneath the 1.06 level. We believe that the area that we are currently and...
